6) Which of the following transactions represents debit on the current account section of the US's balance of payments? (a) The Arab Capital Investment Corporation makes a loan to a US firm; (b) A US company exports goods to Canada; (c) US firms and individuals receive dividends on investments made in Latin America; (d) US tourists in England purchase British pounds.

6) Which of the following transactions represents debit on the current account section of the US's balance of payments? (a) The Arab Capital Investment Corporation makes a loan to a US firm; (b) A US company exports goods to Canada; (c) US firms and individuals receive dividends on investments made in Latin America; (d) US tourists in England purchase British pounds.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter29: International Finance

Section: Chapter Questions

Problem 1P

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